Lender profile · HMDA 2023–2025
Cogent Bank mortgage approval rates & lending data
Cogent Bank decided 327 mortgage applications and funded 290 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 195 / 206 | 94% | $415K | 183 |
| Cash-out refinance | 88% | 22 / 25 | 91% | $505K | 20 |
| Investment property purchase | 94% | 59 / 63 | 95% | $315K | 56 |
Cogent Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 94% | $415K | 306 | 273 |
| Pennsylvania | 100% | $185K | 4 | 4 |
| Tennessee | 75% | $315K | 4 | 3 |
| New York | 100% | $405K | 2 | 2 |
| Arizona | 100% | $565K | 1 | 1 |
| Colorado | 100% | $375K | 1 | 1 |
| Georgia | 100% | $455K | 1 | 1 |
| Kansas | 100% | $275K | 1 | 1 |
| Maryland | 100% | — | 1 | 0 |
| Michigan | 100% | $225K | 1 | 1 |
| Missouri | 100% | — | 1 | 0 |
| North Carolina | 100% | $285K | 1 | 1 |
| Texas | 100% | $735K | 1 | 1 |
| West Virginia | 100% | $355K | 1 | 1 |
| Wisconsin | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.